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Why I Would Take a Nicaraguan Passport
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- Опубліковано 1 сер 2024
- nomadcapitalist.com/second-pa...
I recently said I would gladly become a Nicaraguan citizen if given the chance, prompting many - including a few Nicaraguans - to ask "why?" The answer is because I value citizenship differently than the average person.
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
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I'm an American, born and raised. My mother was born and raised here in Nicaragua. At the age of 50 I retired to Nicaragua in 2014. Because my mom was born here I have automatic citizenship in Nicaragua. I have dual citizenship between Nicaragua and the USA. Thanks Mom! I love Nicaragua and I don't think I will ever leave. Love everything about living in Nicaragua.
Nice perspective. It's great you were able to follow your roots a bit and enjoy the culture.
How did you begin the process to get your Nicaraguan citizenship? My parents are Nicaraguan, but I don't have a cedula for example. I appreciate any guidance you can offer! :)
I want to move there very soon
How did you go by establishing that your mom was born in Nicaragua
Don’t confuse people, you have right but not automatic, you have to do a lot of paperwork.
I keep learning. Very informative.
This is a great opportunity. Thank you for sharing this information
Great info. Thank you
Thanks for your informative videos of Nicaragua.
well done! Thank you !!
Makes sense, very interesting and informative video content. I too would love a Nicaraguan passport. Thanks for sharing the wealth of knowledge. Peace ☮️
I love Nicaragua! It's greatly underrated. I found awesome secluded places as well as bustling cities with lots to do. I love surfing there and checking out their volcanoes!
I am nicaraguan, I can asure you that it is not that nice living there. My family always lives in fear because of the brutal dictator, Daniel Ortega.
My wife’s and my retirement destination. Came back in February 2020 and can’t wait to move there part time.
Great video thank you.
I have both, Nicaraguan and US passports. I don't use the Nicaraguan all that much, BUT there was a period of time that I had to travel frequently to Brazil and they charge US citizens an arm and a leg for a tourist visa (the same amount the US charges Brazilians). So, I traveled with my Nicaraguan passport and paid diddly squat for a ton of trips 😅😂🤣
Also, I travel to Portugal with my Nicaraguan passport... no visa, no fees ✌🏻😎
Did you travel to Brazil from Nicaragua or from the U.S?
I have done both @@erickm119.-- From the US, always direct flight MIA-Guarulhos... From Nicaragua, Managua-Panama-SP or Managua-Bogotá-SP
I think you have to choose one nationality at 18 years old?
The USA is difficult to emigrate to????
Not now with Biden. Just walk across the Rio Grande River
@@angelamacias4482 no that's not true
Andrew Henderson the gift that keeps on giving!🌻😊
@@samjordan8800 nope..not meant like that all.... Andrew is great gift.....people should listen to him more often....
My parents are retiring in Leon Nicaragua. Sold everything, lived in Chicago most of their lives. Medicine is modern and medication is 1/5 of the price as here for the same exact meds. We love it down there. I too will be living there part time.
I forgot all about Nicaragua. The less popular countries seem to be somewhat more beneficial.
Completely aligned. I wrote a number of articles on Nicaragua - the country is a great plan B.
Can you direct me to some more information on how to get residency in Nicaragua...
I was there in80’s left a lasting memory of happiness
Liberian ship analogy is a great example
I have both Nicaraguan and Canadian citizenship and I have to admit it's the first time I see my Nicaraguan passport this way. It makes total sense. Thanks!
Same here bro! I'm both Canadian and Nicaraguan!
Edit: I just researched some more, and realized I can do most of the same things with my Canadian passport if not more (in regards to travel)....
Hey hermanos, Nicaraguan and live in Canada, just sent to renew my Nicaraguan passport
i have 3 passports, including one from Nicaragua. I have used it a lot. Going to Russia is free, for US about $200! China will charge 3x more for US passport than Nicaragua to put a visa in. There are 126 visa free countries for Nicaraguan passport. Not bad at all.
That's correct since Nicaragua is an allie to Russia and China.
@@bigtime911 in my case it was easy because it was my country of birth.
Fantastic content! I have only just discovered your channel. A little off topic, but I'm hoping for your insights.... I saw a video where you explained the minimum deposit for banks in Singapore... With the unfolding economic situation, can you advise where might be a safe haven for smaller sums? I'm from UK, in Thailand at the moment. Huge thanks in advance, I'm subscribing straight away! Justin
Welcome, Justin. Check these out and/or reach out to our team for help:
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@@nomadcapitalist thank you so much! Will do 👍
Everything depends on money
Money is the ultimate tool.
Well said Andrew!! Additionally, Nicaragua cost of living is among the lowers in the Americas.
I left the USA in 2014, retired at the age of 50. I moved to Nicaragua.
Fortunately, my mother was born and raised in Nicaragua. So, I was automatically a citizen. After moving here, I had my Nicaragua passport and all other paperwork to make my citizenship official, all done within 6 weeks. USA citizens do not give up their citizenship or passport to have Nicaragua citizenship and a passport, they will have dual citizenship. I now have dual citizenship between the USA and Nicaragua.
These videos are so informative. I'm not an investor and have no interest in leaving my country, even though I live in Brazil, but you always talk about things I didn't know and you make a lot of sense.
Thanks for your nice words!😍
Andrew, could you please make more videos like this.
Spent some time bicycle touring Nicaragua and Costa Rica a few years ago. While CR was nice, I fell in love with Nicaragua. From the Volcano islands of Ometepe to the rich colonial flavor of Granada to the beautiful coastline, but most of all the amazing humble people, I would love to retire there.
Thanks for sharing, Devin. Nicaragua is very nice.
Same here . I am a Nicaraguan native living in the US for 30 yrs and believe me I will go back and retire there.
I like the discussion and enjoy hearing your perspectives. Sometimes the end justifies the means.
Venezuelan passport used to be good until 5-7 years ago. I had access to 170 countries or so. I have an Italian one so i combine it with the Venezuelan that this would allow me 189 countries instead of 188 because with the Venezuelan we have Visa free Travel to Russia.
I still don't know what else country could allow me to that the Italian doesn't have but it works fine. I have ESTA and stamped Visa on my passport. The advantage of stamped USA Visa vs ESTA, is that when travelling private you can't enter the USA with ESTA, but you do have to have stamped Visa to enter the US on a private plane.
i have Nicaraguan and Mexican Passport
How to you got your Nicaraguan passport?
I'm a native Nicaraguan, lived in the US for 25 years. In the process of saving up to go retire in Nicaragua, open an office so we can help other citizens to go retire there (I think is important to have a friendly contact there so you will not become victim of scammers).
I recently bought a 2 acres farm for my mom (so she can go retire there soon) 30 min from Managua in a cool weather area close to a forest for $20000. In the farm she can raise chickens and pork, and work the land (corn, pineapple, beans, vegetables, plantains,ect) so she can rest and live her last years worry free and healthy food.
NICARAGUA IS A GREAT COUNTRY TO RETIRE, COST OF LIVING IS CHEAP.
we have same plans! :-)
Advertise yourself because so many people going there I’ve already bought into gran pacific but open to other opportunities
DON'T help people to retire there. It'll ruin what makes it nice right now!
I want to retire there How can I get a Nicaragua in passport if America won't give me one
Can foreigners buy property in Nicaragua
The hills and the water, sounds nice. Wanted to share my poem about the country. You can find it amongst my videos titled, "Nicaragua."
Thank you very much for the information how much is it the citizenship cost I am Canadian citizen Nicaragua how long it take
This gentlemen is correct he knows what he is talking about. Trust me.
I wonder the price of property you have to get for residency? Wow who did you music holly stuff! I have song out its “THROUGH YOU” by JOJOBIN on all platforms. I love whatever music you used on this.
I lived in San Juan del sur for 5 years.. I’m moving back in Jan.
What attracts you to this place ?
Over 1 million immigrants coming to America this year alone.
NOT difficult to get into the US just wear a Bye-den t-shirt, its a golden ticket.
That's stupid.
What do you think of the Malaysian second Home program?
fun fact nicaragua is the one of safetest country of whole latin america
Andrew, great video, but why don't you explain how to get nicaraguan citizenship? Do you have a video or article that already covers that? I'm sure you've left a lot of people wondering with all this sage advice!
Nicaragua citizenship is more of an example in this case, but we did right an article on nomadcapitalist.com.
Please information on paraguay details
Only drawback I’ve seen is the 6 month a year in country requirement for residency
You have to live as a resident for five years before getting citizenship, and you're technically supposed to renounce your previous citizenships, but the US doesn't tend to look at the claim that you have so renounced. Five years residencies are varied. The expat population here tends to ignore Nicaraguan legal requirements, like informing the police and Migracion within 72 hours of moving. The renewals are now fifty dollars every six months, mandatory trip to Managua because many of us weren't where we said we were when we got residency or renewed. $500 for five years residency. $500 for citizenship which requires fluency in Spanish and passing a test in Nicaraguan history unless you're over 65 (more or less, check with Migracion and rules change here. Minimum for a business residency is an investment of $30K. I've been here for ten years. The FSLN kept the safety net features of their earlier system, but do not inhibit capitalism.
Tourism is what the rich want to promote to avoid really investing in technical education for the population. I've met at least one person who preferred cutting coffee to working in tourism. Nicaraguans I know go to the EU or Canada if they can.
@@RebeccaOre I would like to get a business residency for 30k, what types of investment vehicles are available to attain this status ?
hi andrew! where can I see the nicaraguan passport program?
You just have to gather the documents and apply for a residence at a local consulate. After a specified time, they grant you citizenship. Expect about five years wait time get the passport.
The US is the most difficult country to get into?
Isn't it the country that takes in half of the worlds immigrants every year?
I just found your video. I'm interested to learn your perspective. Thank you for sharing.
My best friend is from Nicaragua
Is that shirt from Orlebar Brown?
Andrew, could you comment on the Dominican Republic and the value of the passport from there.
I have one of those and it sucks. Just beneficial if you’re wealthy and want to retire there.
Dominican passport allows visa free entry to Russia if staying less than 30 days something that the US passport doesn't allow. Plus the cost of living and expenses in the Dominican Republic is much much cheaper than in the US. Buying a nice house with 3 bedrooms, 2 baths, a swimming pool in a nice desirable location can go around $80,000 to $100,000. In the US, that number can be 4 times as high. Dominican passport is not trash. It has its shortcomings as well as any other passport including US passport
@@BilingualFinance Casa de Campo baby!
I am from nicaragua 🇳🇮 ☺
Nicaragua also tried communism and got over it unlike the US.
They are still ruled by a one party communist dictatorship: see Ortega!
George B Nicaragua has a free market economy it’s not a communist nation, believe me I am writing this as I eat McDonald’s in the food court of a shopping mall in downtown Managua. Now politically speaking yes the Ortega dictatorship is as repressive as a any other communist tyrant.
@@albertoe8740 So is Ortega/Sandinistas 2020, pro-business & anti-American neutral?
George B Well when he unfortunately returned to power in 2007 he allied himself with the business community, he surprisingly became very pro business and pro foreign investment the economy was getting pretty good until the 2018 crisis when the people started protesting his corruption. And yes unfortunately his rhetoric is very anti American because he is a complete moron but rest assured the Nicaraguan people love Americans and we try to make American tourists feel as safe and welcome as possible. This corrupt tyrant does not represent the vast majority of Nicaraguans.
@@albertoe8740 So money and private business are safe and "donations" can help speed up bureaucracy?
Nicaragua is a beautiful and safe country,thanks to our government .
Bullshit
It seems like the Anglo countries are becoming less desirable places to hold affiliation with. If my family didn't have so much money in my name in the USA I'd seriously look into dumping my U.S. Citizenship. We have a great constitution in the United States if only it was still followed.
Considering a opportunity to get a Salvadorian passport. Would you consider these two comparable?
at least salvadorian lets you go to costa rica and colombia (visa free)
Hey Andrew, if you are offered a UAE citizenship would you accept it and why?
emirates passive income
My reason to get a passport is purely for visa free country , coming from a country where its gets interrogated my dream is to travel everywhere where no one asks me a lot of questions and also to see the world and be at a place anytime , anywhere for a huge amount of time
king cold all Caribbean passports work for
That
Canadian too when I went to the US they asked me one question and I’m black
I am an RN, I understand this gives me many options for moving, even expedited citizenship in many places. I am not rich, but have no personal Debt and some savings. Not married, no kids, willing to move many places. Are your services in my bracket, or are you more of a higher end consultant?
6 to 7 figure people are who he helps
You can do 99% research yourself. Most of the information is available. There are Expat groups everywhere that can help steer you the right directions, however, beware of expats who constantly want to charge you money for info. Start by figuring what type of climate you prefer, what type of lifestyle you need to maintain. Also, what types of western living standards are most important to you. Then start looking for western medical clinics that cater to English speaking people. Also, believe it or not your RN license is not valid in many other countries. Most of the English clinics just pay more to have a local RN and Dr. who speak English. You typically will not earn any where near the $ in other countries as you can the US. But the cost of living can be much lower.
This second citizenship does not exempt you from paying USA taxes. What's the advantage??
Does anyone know how to set up a simple money / bank account for a small social (toastmasters) club (to take in money from members and pay that then to the main body in the US) ie are there fintech solutions out there?
Credit unions and post offices do not operate club accounts and banks require too much info.
I would appreciate if anyone had any recommendations.
use cashapp
Get a Nicaraguan passport, and head to Tablisi! (did I spell that right)? Thanks Andrew.😎
I am looking for a country were i can open a brokerage account to have access to world financial markets with low income tax.
Zaid Alkayyali see every video on this channel and do search the web
I’ve lived in the US as legal resident for almost 30years. I’ve always been reluctant to give up my Nica citizenship. Now, in 2024 I feel like it may be VITAL to keep my citizenship of Nicaragua. However, can i still have dual citizenship in 2024?
Nicaragua was doing great until 2018. Then political destabilization and US sanctions came in. Just because Nicaragua remained an independent country and had close ties with the Venezuelan government, although that was not the true reason. It's mostly because Nicaragua was in talks with China to build another canal in Central America.
It still doing OK. It's a little less safe than it used to be, but a lot of people have their own businesses, new houses and neighborhoods are being built, with money you can buy everything in the markets (meaning there are no shortages or goods or services like there was in the 80's), and they are always building new roads or improving old ones.
As someone from Nicaragua I have to say you are wrong. Nicaragua was a ticking bomb waiting to explode, when you have citizens that want freedom slowly see their freedoms cut one by one, and corruption run rampant that is what happens. US sanctions are mostly individual sanctions to politicians. The canal was never gonna happen, besides Nicaragua is very comfortably maintaining diplomatic relationship with Taiwan (the country in which I am currently living), so I don't think the US was worried about us getting close to China.
@@ELo-wi7vv The country is running on fumes, right now the disaster relief funds procured from international organizations will make it seem that things are okay, but the economy is badly hurt. The economy requires confidence to return and that depends highly on this year's elections. Perceptions are not the same as reality, especially if you consider that the Nicaraguan government doesn't disclose any economic data.
@@ELo-wi7vv 1. A little less safe is an understatement.
2. Entrepenours are barely surviving, having a small business in Nicaragua doesn't mean having an ounce of economic stability.
3. It's true, for a foreigner, for the average Nicaraguan that doesn't mean anything, because they barely have money to survive.
4. Cheap and poorly made roads that will get damaged after a month after being built or fixed.
Managua is definitely not the thriving metropolis you think it is.
Hey ,i wonder have u ever though about. A PNG papaya new Guinea passport
But one do not have to give up one for the orher
Nomad capitalist You being the money man, I was wondering if you thought money would be safe in a Nicaraguan bank. I'm not looking to make a bunch of money, just maybe 50k for living expenses.
Interesting topic.
My father is Nicaraguan and plan to get fuel citizenship
Passports are not offered,, you have to apply,,,, it’s simply to apply for a resident card.
Show up in Managua with proof of income, police and medical release. And your in.
I lived in San Juan del sur and only had a tourist. Had to go to Costa Rica every 3 months to stay legal. citizenship is more of a hassle. You have to report every year for , I think 5 years.
That people in the Western world no longer receive interest on capital you do receive in Nicaragua !
An interesting country with beautiful landscape but definitely a country on the "fringes" you may say which I would like to visit someday but not too familiar with their citizenship rights.
Plenty of vacation rentals all over the country. I'd retire there in a heartbeat.
My wife is Nicaraguan and we may retire there in a couple years. After decades my wife is getting her US citizenship in a couple weeks. Worried Nicaragua will ask her to relinquish her citizenship…..and worried if I get residency in Nicaragua that they will ask for my US passport. Thoughts ???
I will never relinquish my citizenship or my passport. I’d just leave.
Thx !
I am a World Citizen
This is because for non-business folk USA, Canada, Australia, New zealand, UK is only attractive option
The channel name is Nomad Capitalist
@@crater721 ya true ..... but the Nicaraguan guy who asked Andrew this title question may not know that ..... thats why he asked such a questions ..... trying to be oversmart 🤫
Why is the strength of a passport measured according to where u can travel as opposed to live? I would say Irish passport is the most powerful: it's EU and allows you to freely live in the UK
@NomadCapitalist, any thoughts on Italian or Spanish citizenship?
by marriage is the easy way
two of the most beautiful countries in the world but some of the most repressive and fiscally unsustainable of the world, probably fine for visit as a tourist but forget about living there full time and becoming a citizen
A bit difficult though
You can get Italian citizenship through descent. As Emanuel said, both Italy and Spain have major fiscal issues/both may have to leave the Eurozone to recover.
Why are banks increasingly refusing British citizens? Britain does not (yet) have citizenship taxation?
Maybe it's the washing machine called the City of London?
Probably why I don't think U.K. will start to tax it's citizens like the U.S. - alot would decamp to Ireland , or Monaco ( some already (er did...) commute to London Monday to Thursday).
@@jaysterling26 no
Dear sir
Am ghanaian passport holden who want to travel to nicaragua is visa free 4 ghananai holden?
starting next year Nicaraguan travelers will be required a visa to enter the Schengen zone...
You never lose your citizenship if your born in Nicaragua and become a US citizenship {dual citizenship} 🙌🏽
I totally agree with you, I'm originally from Asia but then I got the US passport after living more than 20 years. After traveling the world like Europe, Australia, North/South America, Asia, Africa, etc .. I feel that holding the US passport is becoming more and more a liability instead of an asset !
I renounced my U.S. citizenship.
Patrick Bubniak wow. When was your “ im done” moment?
@Kevin Lu To my knowledge, yes you can.
@Kevin Lu probably yes, because non-dom can also have them
I am curious if you have any thoughts on the current events concerning Nicaragua? I am trying to figure out why the U.S. has such a hardon for Nicaragua?
I am from Nicaragua. For more than a century Nicaraguan had been struggling to reaffirm their independence and sovereignty and to put anEND to the United States mettleling into their internal affairs, for this reason, the United States had been hard on Nicaragua, because they're a "bad example" to the rest of countries.
Correct Cesar. Nicaragua does not bend to Washington's rules. @@cesarzelaya5511
Just read that except a few Latin countries you can't have a dual citizenship in Nicaragua
I've seriously been looking into Mexico in recent months, but am starting to favor Nica more and more. Nicaragua is substantially less expensive, geologically diverse, and they let you bring in a car duty free with few restrictions. I own a Land Cruiser that's entirely capable of driving down to Buenos Aries if I'd like, but, because it's over ten years old, I would not be able to import it to most Latin American countries, excepting Nicaragua I believe.
I have been living in playa del Carmen since August 2020, And I’m definitely ready to
Head over to Nicaragua.
Your car can not be older than 10 years old to import it into Nicaragua but I believe you can in Costa Rica ?
Great video I could care less about being Canadian money makes things happen no matter where your from
Not true anymore!
I've dwelt in Canada for 20 years now, off and on. The terrible things have happened. Covid, Closure of borders, population control and now this freaking debacle in Eastern Europe. As luck would have it I still carry a Russian passport. Don't even know if it safe to show up at any airport anymore. So, I'm laying low and huddling down while freezing my ass in "True Great North" year after year. Dreams are slipping away.
Peeing every 5 minutes and my back hurts constantly
What about the political situation in Nicaragua that was re-sparked back in 2019? The government has come down on the citizenry with a heavy hand and is now in a pretty deep recession. Thoughts?
Me being a Nicaraguan native who lived the revolution back in the 70s . And move to the US in the 90s will just tell you to stay away from politics and you will live a relax life in Nicaragua besides if you are a foreigner they will not even bother to mess with you .
2018. Nicaraguans who were polled in 2018 were around 75% opposed to Ortega. Same polling company now finds around 65% of the population will vote for Ortega in 2011. People who got involved in the attempt to force him out of office and ban his whole family from running for office in the future are now banned from running for office themselves. The myth of police shooting peaceful unarmed protestors was pretty much just one of the lies being spread at that time. The reality is that if you are a foreign resident here, you are forbidden to get involved in Nicaraguan politics, and can be deported if you do. The government let some of its most vocal critics back in the country, and has handled the Corona Virus pandemic better than some of the other surrounding countries. Stay out of places heavily dependent on tourism (Granada, San Juan del Sur) and the economic situation isn't quite as dire. The mountain town of 50,000 I've been living in for the last ten years has just got a new supermarket and a specialty meat shop. It makes its living on coffee, cattle, and being the services city for the department (state, but more like a US county).
Tourism is still in the toilet, but Costa Rica is allowing people in without testing, so they're still having higher case rates per capita than here.
Anyone thinking about buying here should rent for a year to see if this country will work for them. You really need to know at least some Spanish to get around here, too.
The government will leave you alone for the most part if you stay out of politics, butt then again, that's pretty much the case in every country. If you're in politics, you will become someone's target no matter which country you're in.
just dont criticize the govt and you'll be fine
@@RebeccaOre Would it be OK for me to ask you what city you live in ?
What is your opinion on the Cuban passport? My dad is from Cuba but I was born in the US so if I want to I can go ahead and get the Cuban passport. From what I've heard I seen a lot of people say it would be a bad choice but I am just curious what you think about it.
What does it take to get a citizenship. Thansk for wasting my time.
Huge issue with Nicaragua is the amount of corruption within its government.
If they know, which they usually do, who's got money, they will point a finger and place a mark on you.
You see, I read about countries such as El Salvador, and its neighbor countries to the north, including Mexico. These places are a bit of an open book when it comes to its own sociopolitical, gang violence and economic issues, their pro and cons, one might say.
Nicaragua? I don't think so.
I'll give you an example, during this pandemic, this government has done something horrific, despicable to his own people, they've kept their peeps on a total darkness about the horrific lethality of said virus. As a direct result of such gross negligence, innocent people have lost their lives. No airline would dare step foot into such country.
It's own government did this. When you start saying things about water front real estate, think about the amount of resentment there is. From that bank teller watching you every steps when you to use their bank. Nicaragua has all of these countries I've mentioned, all of those issues plus a violent genocidal mindset towards themselves, their own innocent people.
It's so unsafe and calculated. The Russians with their KGB mindset are all over the place. Don't know about this Nicaraguan deal bro
thanks for sharing
even worst if your a woman - there are better countries in South America
@@mishabear703 Don't think the woman part has any relevancy, they have a female vice president and a pervious president, Violeta Chamorro
These pricks tend to be all inclusive when it comes to their irresponsable government....
And couldn't care less about their international stand, which was the point I was trying to make
😂 😂 . The pandemic hit every nation not just nicaragua many ppl had died of covid all over the world . Nicaragua is a beautiful safe place to retire even better if you are a foreigner and have the money 💰 you could live like a millionaire there . Just stay away from political issues.
The most powerful passport is Japan? At least that's what I heard a few years ago.... is it true?
David A It depends on how you define a powerful passport. If a country let's you get a visa on arrival does that count as visa free? Should e-visas be counted the same as embassy visas or should it be considered a bit better? Depending on how you answer these types of questions Japan may or may not be the best.
How long can I live in Nicaragua as a tourist?
6 months. 90 day visa that can be extended for another 90 days. Then you only have to leave for a hour
people who "look down upon" certain groups shouldnt be moving to Latin America.
Nicaragua is cheap and has great surf...the waves are also uncrowded bc of prejudices that it is "dangerous or a poor third world country" like andrew is referring to in this video.
Would say the same today, or in a few months after the "elections" ? ...
How much for citizenship by investment for nicaragua
spend 30K usd
@@Pelusacollective, it’s now much higher.
@@RebeccaOre hi thanks by how much is it now?
This video reminds me that a "World Currency" is probably coming soon than later. Thank you Andrew.
Bitcoin is already here.
Gold, and good old USD
@@adammeza7105 USD is tanking
Cheaper USD means easier adoption by third world countries or emerging markets. It eases business relationships and accelerates globalization. This drop in value is a result of the stimulative policies. The only one's to be concerned of this is maybe China due to their huge USD reserves accumulated prior to 2008 due to their importation deficit.
Andrew i love your channel but how about giving the best rate for Serbia, Nicaragua and many others which are cheaper then the 100 thousand Domanica, St Kitts n Nevis passport.
We middle easterns are looking for something cheap which creates ease in travel to Asia, Eastern Europe, Europe, not just Schengen countries.
I hope you understand what im trying to say here.
it's pretty much the same in Argentina. The country is a mess, but the passport is a surprisingly great travel document
I would 1000% get Serbian passport
Why?
@@hxxzxtf Visa free access to Schengen Zone, Russia and China
What is it's income Tax?
@@smal2688 10 percent if you live there
@@kingcold5977 It also taxes your foreign income "if you live there".
Most of the people that comment apparently are not aware of the current socio-political and economic situation of the country. The argument for a nicaraguan passport/citizenship could have been made before April 2018. That is my humble opinion of course...
Not if you are a foreigner . If you have the dollars 💵 and stay away from politics you could live like a rich man there . Safe , free, cheap .
alexandra de vega you are right regarding the cheap part. As for the safe aspect, it is deteriorating, unfortunately, crime and theft are on the rise. Of course each person has his/her tolerance range regarding safety...
Jinnah Sirker you are right about the country going trough a bad time relatively speaking but Jinnah I can tell you for sure I tell my kids and my wife as well as my friends to be careful when they venture outside on the streets here in the US, there is so much violence and crazy stuff happening now days. And I can tell you I am not an easy to scare person as I endured the Nicaraguan civil war where tanks and M50s were roaming the streets back then.
Anyway I’ll check it for myself (Nicaragua) as I have a fun trip soon.
You may be more right than I currently think 🤔.
We’ll see........
Jorge Mendoza I wish you all a safe trip👍
Medical care??
The public clinics are free even to tourists, but the care is around 1950s US, with some exceptions. INSS hospitals (state insurance program which is hard for foreigners to enroll in) are a cut above the free public clinics. Most foreigners go to the private hospitals and clinics, which are cheaper than in the US. Very good with public health programs -- vaccinations, mosquito control, baby checkups. Most meds are over the counter except opiates and in some pharmacies, psycho-active meds. A friend is on a very expensive anti-cancer med, and I suspect that would not be available in Nicaragua, and I met someone who couldn't get one lupus control medicine here.
Can you get high speed internet there if you work remote? Is it worth buying real estate if its communist?
Nicaragua is not "communist" at all.
Nicaragua is the land of The Great Cornholio! Agua for my bunghole!
Nicaragua is no a small country in land, is a small in Money. Freedom of Speech is something the you can't do, is more Nicaraguans what to move out then People move in. Nicaraguans
What about a Colombian passport
It is basically the same as Nicaragua's
Columbia’s passport is definitely one of the best in the Americas. Do your research and you will know why...
colombians have freedom of movement in many countries in south america like the wealth heaven uruguay and some of the nicest countries to retire under a budget
@@emanuelriquelmemontoya3819 basically all latin American countries have that
Apparently they can’t go to the EU without visa
Foreigners like me have these feeling of discovering so many advantages when traveling to a place like Nicaragua. However, after having investments destroyed by riots, constant social deception when striking deals with nationals and raising cost and ever existing violent nature in Nicaragua the last thing on a sound mind is caring for the getting a Nicaraguan passport...for those thinking about extradition benefits it makes me wonder why you would care about extradition unless you are already on the run or preparing to be...if you are struggling to be successful in your own country and have the idea of realizing your dreams in Nicaragua you are delusional!!
Daniel Ortega. He's not what the human rights people say he is. In America the human rights people also support abortion rights. Like Nicaragua is cool. Am actually in the price of moving there